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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.
By Ahmed Aboulenein and Amina Niasse WASHINGTON (Reuters) -The nation’s three largest pharmacy profit managers have considerably marked up the costs of sure medicines, together with for coronary heart illness, most cancers and HIV, at their affiliated pharmacies, the U.S.…
By Nicole Jao and Shariq Khan NEW YORK (Reuters) -Colonial Pipeline, the biggest U.S. gas pipeline operator, mentioned on Tuesday that the principle artery transferring gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday…
(Reuters) – Chipmaker Intel Corp (NASDAQ:INTC) stated on Tuesday that it’ll separate its enterprise capital and funding arm, Intel Capital, right into a standalone firm, to concentrate on enhancing effectivity throughout the enterprise. Intel, which can stay an anchor investor,…
(Reuters) – Asset supervisor BlackRock (NYSE:BLK)’s senior government Mark Wiedman, who was touted to be a possible successor to CEO Larry Fink, is departing the agency, stated two sources conversant in the matter. Wiedman will go away within the spring,…
By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump’s nominee to go the Transportation Division will inform a Senate committee on Wednesday he goals to make sure worldwide belief in U.S. planemaker Boeing (NYSE:BA) after a 2024 mid-air emergency. “I’ll…
(Reuters) – The U.S. Federal Commerce Fee has ready a lawsuit in opposition to Deere & Co (NYSE:DE) alleging the corporate’s agricultural tools restore practices violate competitors legal guidelines, Bloomberg Information reported on Tuesday, citing individuals aware of the matter.…
By Kalea Corridor and Nora Eckert DETROIT (Reuters) -Chuck Browning, who has been a outstanding chief within the United Auto Staff union and negotiated its offers with Ford Motor (NYSE:F), is retiring, in accordance with three sources acquainted with the…
By Deena Beasley SAN FRANCISCO (Reuters) – Biogen (NASDAQ:BIIB) expects income from new launches to exceed its present gross sales by 2028 and doesn’t really feel the necessity to chase further enterprise growth offers, the corporate’s CEO mentioned. “The view…
WASHINGTON (Reuters) – Democratic lawmakers on the U.S. Senate Vitality Committee known as Tuesday on the panel’s Republican chairman to postpone the affirmation listening to for President-elect Donald Trump’s choose to guide the Division of Vitality, citing a paperwork delay.…
(Reuters) – Warner Bros Discovery (NASDAQ:WBD) has appointed Anthony Noto, CEO of fintech big SoFi (NASDAQ:SOFI), and Joey Levin, the outgoing chief govt of IAC, to its board, the corporate stated on Tuesday. The media big is present process a…